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1000 in 50 days!

There is so much gloom in the market these days we thought it was time for a good news story.  

Things are accelerating here at Xero, we’ve added 1000 customers in 50 days.  

tintin rocket -  yes we went out and brought a tintin book :)

We now have over 4000 paying customers including over 1000 in the UK.



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Duane Jackson
19 February 2009 #

Wow! That’s ridiculously good. I hope you guys are proud of yourselves.

We’ve seen a definite upswing in interest in KashFlow SaaS accounting here in the UK too – but not quite to that extent.

Glad you’ve finally got your UK numbers out there too.

19 February 2009 #

That is Phenomenal! It is only going to get busier as it approaches March 31st – Boy, I hope you guys are ready!

19 February 2009 #

On 1st October 2008 you said you had 2200 (Press release)
On 19th December 2008 you had 3000 (Press release)

From 19 December 2008 to 19 February is 62 Days not 50 days?

19 February 2009 #

@Katie – If you read the 19th December release it says: “Xero will finish the calendar
year with 3000 customers”

– not as at 19th December

Paula Jackson
19 February 2009 #

Good spotting, yes it was 62 days ago that we made the announcement, but did state we would have 3000 customers by the end of the calendar year (which we did!). In the 50 days of 2009, we have added 1000 more.

19 February 2009 #


Using someone else’s IP (Tintin is still not public domain) during the current #blackout is interesting. The incipient NZ copyright law would have a very chilling effect on SAAS providers – this post could cause a take down notice sent to your ISP and all of your hosting disconnected. You are hosted outside NZ right?.

Xero’s hockeystick | AccMan
19 February 2009 #

[…] This from Xero should put a sock in the on-demand naysayers’ mouths […]

19 February 2009 #


Although I think you should be careful with the Tintin rocket.

Julian Stone
19 February 2009 #

Well done guys…

19 February 2009 #

Tim & Paula Just went back and reread press release and you were correct. Had it written down on my notepad 19th Dec Watching the company & share price closely.

Will you be able to break down customers by country in Full Year Result when it comes out around mid year? And congratulations for 1000 UK Customers.

Emily Coltman
19 February 2009 #

Well done Xero!

If I remember my Tintin, that rocket is heading for the moon… How many potential customers are there on the moon :-)

Sorry couldn’t resist. Well done guys.


Clear Books
19 February 2009 #

At the current rate that is a 7300 paying Xero customers per year. Impressive numbers. I wonder what the current rate of growth?

[…] online accounting provider Xero announced they have added 1,000 customers over the last 50 days to take customer numbers to over 4,000. At this rate Xero are on track to double the 2,200 […]

Paula Jackson
20 February 2009 #

We will report by product version, so NZ, UK, Australia & Global.

Well done on your UK break through

24 February 2009 #

Congrats :D!

Adam W
24 February 2009 #

Impressive, good luck with beating your 50 day record with your next 1000 cusotmers!(5000)

[…] dugg deeper: SaaS and cloud computing benefits in a recession. So far we have seen the amazing 33% growth in number of customers in 50 days by Xero and many SaaS vendors have reported record Q4 sales such […]

31 March 2009 #

WOW! and then another 33% growth in the next 40 days… Surprising growth – but then again, not so surprising!

Great job!

31 March 2009 #

OMG my maths is bad = 50% growth!

Sarah A
23 July 2009 #

Can’t believe this was only 5 months ago

[…] was far and away our biggest month ever. New Zealand-based online accounting service, Xero, also boasted adding 1000 new paying customers in 50 days for a total of 4000. And Kashflow celebrated crossing […]

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